The sale of Bitcoin could be in sight, 4 decisive data that should be kept in mind

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Von Krypto News Österreich

The US government has expressed very critical of the cryptor compartment, especially in recent months. His impending measures could trigger potential sales pressure in the near future, even if investors are currently not showing declining behavior.

The prominent analysis company Cryptoquant has identified four important data-May 26, 2023, August 7, 2023, October 19, 2023 and December 30, 2023-since additional sales pressure could be created on these days from the Bitcoin stocks of the US government.

  • The latest blog post pointed out that the first bit of Bitcoin stocks by the US government on March 14, a week after the transaction, was sold to an exchange on March 7th.
  • According to his analysis, around 41,491 Bitcoins will be sold in four other batches in the course of the year.
  • The 73-day interval between the first batch sale and the next appointment is crucial because it represents a possible pattern in the sales strategy.
  • Bitcoin broke up several crucial levels this year when the market mood improved compared to the apocalyptic and scandals in 2022.
  • The recovery has so far been promising, but such a sale could have a negative impact on the BTC prices at short notice, so that empty sellers can benefit.

"If you share the number of days of a year through the number of batches, you get 73 days, which exactly corresponds to the day on which the first batch was sold. Will there be a pattern every 73 days when selling the remaining batches or is it only a coincidence?"

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